New To Matched Betting? We Answer Your Frequently Asked Questions!

When I think back to 2018 when I first discovered Matched Betting, I remember all the questions and doubts that I had.

Is it too good to be true? Is it suitable for me? How much time does it take? The list went on.

If you’re anything like me, you probably have lots of questions too.

So, I wanted to take this opportunity to answer many of the most frequently asked questions. If you have a question that isn’t covered below, be sure to contact us and we’ll be very happy to help.

About Getting Started

How Much Money Do I Need To Start?

You can start Matched Betting with as little as £50. This will allow you to take advantage of the offers and make some amazing profits.

Do I Need To Know About Sports Or Betting?

Not at all! Many of our members, like Gaynor and Alice, have started Matched Betting with very little knowledge of sports and had never placed bets before. 

Do You Need To Be Good At Maths?

Profit Accumulator's step-by-step guides and market-leading software mean anyone can do Matched Betting. You don't need to be good at maths or have any other particular skills. All you need is a willingness to spend a little time learning how it works and getting stuck in! 

What If I Already Have Accounts With Bookmakers?

This certainly shouldn't stop you from starting Matched Betting. We can only sign up to each bookmaker once to claim the signup offer, so having some bookmaker accounts already will reduce the number of sign-up offers that you have available. But, there are more than 40 sign-up offers on Profit Accumulator, so you should still have lots of sign-up offers to take advantage of!

Plus, the bookies regularly offer promotions to their existing customers, so you can probably use Matched Betting to make money from any bookmaker accounts that you have already. 

What Do I Need To Start Matched Betting?

There aren't many things you need to start Matched Betting. It's incredibly accessible and available to anyone aged 18 or over in the UK and Ireland. But, you should have the following to ensure your Matched Betting journey goes smoothly: 

  • A Photo ID - typically either a passport or driver's license. Some bookmakers may ask you to provide a photograph of this so that they can confirm your age and identity. 
  • Proof Of Address - typically a bank statement or utility bill. A photo of this may be required by some bookies to verify your address. 
  • Debit Card - so that you can make deposits and withdrawals from bookies. 
  • Email Address + Mobile Phone Number - required as part of the signup process for bookies. Many members set up a separate email address specifically for Matched Betting.

How Do I Get Started?

Starting Matched Betting with Profit Accumulator is incredibly easy. All it takes is 3 simple steps: 

  1. Sign up for our completely free trial.
  2. Spend some time going through our video tutorials - available here.
  3. Complete your first offer to make your first profit! 

About Matched Betting

How Much Time Does It Take?

One of the great things about Matched Betting is that it can be completely flexible around your schedule. Each offer typically takes about 5-15 minutes and it's up to you how many offers you complete. Of course, the more time you spend, and the more offers you complete, the higher your profits should be. But, even just spending 30-60 minutes a day could make you fantastic profits every month. 

Is There A Catch?

No catch! Matched Betting is an incredible way to make some extra money online. But of course, I would say that.

So don't just take my word for it, discover what our 40,000-strong Facebook group had to say when a member posted: 

"I’m thinking about doing this I’m worried there’s some catch somewhere"

Is Matched Betting Legal?

Absolutely! As you know, gambling is completely legal in the UK and Ireland for anyone who is over the age of 18. Whilst we don’t consider Matched Betting to be gambling, it shares the same legality because ultimately all we are doing is placing certain online bookmakers to make a profit.

Is Matched Betting Gambling?

Whilst Matched Betting involves placing bets with online bookmakers, we wouldn’t typically consider it to be gambling. The term gambling suggests that the outcome of our bets will determine whether we win or lose money. But, with Matched Betting, by placing bets that cover all outcomes, we can usually guarantee ourselves a profit regardless of the outcome of bets.

Do I Have To Pay Tax On Winnings?

Nope! One of the amazing things about Matched Betting is that winnings are completely tax-free. So all your profits are yours to keep!

Will Matched Betting Impact My Credit Rating?

When signing up to an online bookmaker, they may perform a soft credit search to verify that the information that you have provided is accurate. However, a soft credit search is not visible to any third parties, so Matched Betting will not have an impact on your credit rating.

About The Results

Can I Lose Money?

Many people consider Matched Betting to be risk-free because, when done right, you can’t lose. By placing bets that cover all outcomes of a sporting event, we eliminate the potential to lose money and should guarantee a profit from most offers. The only real risk comes from human error, such as placing the wrong bet or betting the wrong amount. But, by using Profit Accumulator's guides and tools and checking your bets carefully you will significantly reduce the risk of making any mistakes. 

How Much Money Could I Make?

You should make about £600-£800 profit from the signup offers. You can then make an ongoing monthly profit from existing customer offers (known as reload offers). Members' profits from reload offers vary depending on factors like how much time they spend Matched Betting, but you could make anywhere from £200-£1500 per month from Matched Betting.

Check out our member interviews and monthly profits posts to discover the amazing results being achieved by Profit Accumulator members every month! 

What Can I Achieve From Matched Betting?

The possibilities are endless! Profit Accumulator members have put their profits towards all kinds of incredible things. This has included house deposits, new cars, holidays, and four legged friends.

Don't miss a recent post in our Facebook Group where we asked members: 

How Did Matched Betting Improve Your Life?

Need A Helping Hand With Matched Betting?

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Our Facebook Group, which has over 40000 members, is a great place to ask for help and ask questions, especially if you are new to Matched Betting. Our community forum is also a great place to ask for help and advice.

Alternatively, you can also contact us directly for support too.

Interested In Getting Started With Matched Betting?

You can start learning for free with our free trial and make your first profits.

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Alternatively, upgrade to our Platinum Membership here.
 You can easily make the cost of your monthly membership back within one hour once you get the hang of things. Talk about value for money!

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